MOY 0.00% 5.1¢ millennium minerals limited

credit raising, page-4

  1. asf
    9,887 Posts.
    Buckland, around $78m capital raised in 2.5 years, but how do you expect an explorer to become a developer and then a producer without raising capital? All companies have to do it. Development of a mine costs a bundle. Best to look at what they owe, not what they've raised- $36m owed. They'll pay this down. Resource update (upgrade) on its way, and perhaps they can buy some asset to give them more gold- hopefully close by.

 
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